Petro Vista Energy Corp. PTVYF

RE: buying oppurtunity

[JohnnyLingo]

IMO as well.  The big boys are shaking the tree to see how many worry warts let go of their shares.

Relax people!  It's 41 API oil in a proven oil-producing district, there are 11 zones, and the production facilities are already in place!!  Maybe some of you need to re-read the critical paragraph from the press release (my emphasis):

Logging and initial petrophysical interpretations on the well identified 11 zones of interest. Strong oil and gas shows (C1 to C5) identified on mudlog and oil in cuttings were observed throughout the reservoir section (2,900m MD to 3,445m MD). The Penedo reservoir P13 interval at a depth of approximately 3,400 m MD will be perforated first during completion. The partnership is considering the possibility of a dual completion to achieve the highest rates possible. The oil from the Tartaruga Field is good quality 41 degree API. Existing production facilities will allow for the immediate commencement of production. Upon successful completion, the 7-TTG-1DP-SES well will be the second well in production on the Block. A workover of the first well SES-107D, is currently being planned which if successful may significantly enhance production levels. 

Stop wringing your hands -- the real risk in PTV disappeared with these results, and the smart money is buying from the weak hands right now.

JL